— Mississippi House and Senate leaders reached a deal Saturday to reduce the state income tax over four years, saying it would be the largest tax cut in the state’s history. Senate Finance Committee Chairman Josh Harkins, a Republican from Brandon, said the tax cut would reduce state revenue by $185 million the first year. “The goal is elimination of …
Tate Reeves insisted Thursday that legislators pass a bill to phase out the state income tax, but other Republicans who lead the House and Senate remained far apart on the issue. He said Thursday that he wants the state to reduce the top income tax rate from 5% to 3.5% next January, then phase out the rest of the income …
